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Cryptocurrencies Price Prediction: Bitcoin, Memecoins & Cryptos — Asian Wrap 03 February

Cryptocurrencies Price Prediction: Bitcoin, Memecoins & Cryptos — Asian Wrap 03 February
FXStreet TeamFXStreet TeamFXStreet

Top 3 Price Prediction Bitcoin, Ethereum, Ripple: BTC, ETH and XRP all crash hard

Bitcoin (BTC), Ethereum (ETH) and Ripple (XRP) closed below their key support level and, at the time of writing on Monday, crashed by 4.3%, 13% and 12.6%, respectively. The technical outlook for all coins shows signs of weakness and suggests a continuation of the downtrend.

Dog-theme memecoins DOGE and SHIB crashes, over $90 million wiped out

Dogecoin (DOGE) and Shiba Inu (SHIB) prices continue to edge down on Monday after falling more than 10% the previous day. The recent downturn has liquidated over $90 million from these dog theme-based memecoins in the last 24 hours. The technical outlook suggests the continuation of the downturn, as both memecoins momentum indicators show a bearish trend.

SUI, Aptos, Arbitrum set to hit crypto market with $3.9 billion token unlocks in February

The crypto market will witness token unlocks worth over $3.9 billion in February, led by SUI unlocking $322 million, The Sandbox (SAND) with $128 million, Aptos (APT) and Arbitrum (ARB) unlocking $101 million and $71 million, respectively.

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Composed of a group of economic journalists and FX experts, the FXStreet content team produces and oversees all content published on FXStreet. It provides a purely journalistic approach to the Forex market.

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XRP holds bearish bias despite spot ETF inflows

XRP holds bearish bias despite spot ETF inflows

Ripple (XRP) retains a bearish near-term tone on Friday, falling toward the psychological support at $1.00. This follows renewed inflation concerns in the United States (US) after the Federal Reserve (Fed) left interest rates unchanged, as two members of the committee dissented in favor of a 25 basis point hike.
Crypto Today: Bitcoin, Ethereum, XRP edge lower despite renewed ETF inflows

Crypto Today: Bitcoin, Ethereum, XRP edge lower despite renewed ETF inflows

The cryptocurrency market broadly corrects on Friday, as investors assess macro uncertainty and geopolitical tensions, which continue to escalate in the Middle East. Bitcoin (BTC) is trading below $64,000, down from the weekly high of $65,745. Altcoins such as Ethereum (ETH) and Ripple (XRP) are trading under increasing selling pressure below $1,900 and $1.10, respectively.
US sanctions Iran-linked Bitcoin insurance scheme for Strait of Hormuz ships

US sanctions Iran-linked Bitcoin insurance scheme for Strait of Hormuz ships

The U.S. Treasury has sanctioned two Iranian firms behind a maritime insurance operation that accepted Bitcoin, saying the scheme forced commercial vessels to buy coverage to pass through the Strait of Hormuz and funnelled the proceeds to the Islamic Revolutionary Guard Corps.
Bitcoin Weekly Forecast: Bulls hold the line

Bitcoin Weekly Forecast: Bulls hold the line

Bitcoin (BTC) edges slightly lower, trading at $64,300 at the time of writing on Friday but holding firmly above a key support zone. US-listed spot Bitcoin Exchange Traded Funds (ETFs) support BTC as they continued to attract institutional flows through Thursday, pointing to the fourth consecutive week of net inflows.
Bitcoin: Bulls hold the line

Bitcoin: Bulls hold the line

Bitcoin (BTC) edges slightly lower, trading at $64,300 at the time of writing on Friday but holding firmly above a key support zone. US-listed spot Bitcoin Exchange Traded Funds (ETFs) support BTC as they continued to attract institutional flows through Thursday, pointing to the fourth consecutive week of net inflows.